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Innovestor joins Verso Capital as the second VC investor to the company, completing the current funding round for NXT:FWD. With the combined investments NXT:FWD will be able to secure funding for the first two years of its operations while focusing purely on re-launching its service and developing & growing its core business.
We are very excited about the growth potential of NXT:FWD. We see demand potential in various markets both in emerging economies as well as in more developed countries
Petri Laine, Partner, Innovestor Ventures
“At NXT:FWD we are a team on a mission. We want to revolutionise how people connect to internet while empowering 2 billion new users to get connected with great Internet experience, to improve their work & life“, says Harry Järn, the CEO of NXT:FWD Oy
About NXT:FWD
NXT:FWD is a cloud-based white label SaaS solution, provided as a cloud overlay to any existing mobile operator telco infrastructure. It enables contextual, time-based data sales directly from end user devices. NXT:FWD transforms megabyte-based data plans into simple time based chunks, which makes buying data simple, personal and contextual. This also drives data use and enables operators to maximize data revenues.
Through NXT:FWD web interface, operators can effectively create, price, market and target their data offering in minutes, and monitor their performance in real-time. NXT:FWD also enables operators to make use of its innovative dynamic pricing capabilities, making it possible for them to differentiate the pricing, for example, between off-peak and peak hours. https://www.nxtfwd.com/
About Innovestor
Innovestor is a Finnish investment company focusing on venture capital and real estate. In addition, we offer corporate venturing services. The firm currently manages four VC funds with total capital of over €200 million. Consisting of almost 100 growth companies across multiple sectors of technology and life science & health, it represents one of the largest private venture-backed portfolios in the Nordics. Our mission is to make good money. For more information, visit www.innovestorgroup.com LinkedIn Twitter
For more information, please contact:
Harry Järn, CEO, NXT:FWD Oy
Mobile: +358504627871, email: harry@nxtfwd.com